What happened last week? Overview Mortgage backed securities (MBS) gained 50 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move lower from the prior week.…
Nick AlvinoMarch 22, 2017
What happened last week? Overview Mortgage backed securities (MBS) gained 9 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways during a very choppy…
Nick AlvinoDecember 5, 2016
What happened last week? Mortgage backed securities (MBS) gained 15 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways for the week. It was…
Nick AlvinoNovember 7, 2016
What happened last week? Overview Mortgage backed securities (MBS) lost 43 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move to their highest level since…
Nick AlvinoOctober 31, 2016
Market Wrap-up Overview It was a weak open to the holiday-shortened week. There were only low-level domestic reports that had zero impact on pricing. But rising German 10-year yields did…
Nick AlvinoOctober 11, 2016
What happened last week? Overview Mortgage backed securities (MBS) gained 13 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways for the week. It…
Nick AlvinoSeptember 7, 2016
What happened last week? Mortgage backed securities (MBS) gained 18 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways from the prior week. It…
Nick AlvinoFebruary 22, 2016
What Happened Last Week? Mortgage backed securities (MBS) gained 13 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways from the prior week. It…
Nick AlvinoNovember 23, 2015